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Zhengye International Updates Executive Pay Disclosure in 2018–2020 Reports

Story Highlights
  • Zhengye International clarified that former CEO Hu Jianpeng’s pay must be disclosed as director emoluments under listing rules.
  • The company updated its 2018 remuneration note to detail directors’ and chief executive’s pay, reinforcing disclosure compliance and transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhengye International Updates Executive Pay Disclosure in 2018–2020 Reports

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Zhengye International Holdings Co., Ltd. ( (HK:3363) ) just unveiled an announcement.

Zhengye International Holdings has issued a supplemental announcement to clarify and update the disclosure of directors’ and employees’ emoluments in its 2018–2020 annual reports, specifically confirming that former chief executive officer Hu Jianpeng, who served from 1 September 2018 to 8 February 2022, should have his remuneration disclosed as that of a director under Hong Kong Listing Rules. The company has restated the relevant remuneration note for the 2018 financial year, detailing payments to eight directors and the chief executive, and emphasizing that no emoluments were waived, thereby tightening compliance with disclosure standards and improving transparency for shareholders and regulators regarding executive compensation.

The most recent analyst rating on (HK:3363) stock is a Hold with a HK$0.35 price target. To see the full list of analyst forecasts on Zhengye International Holdings Co., Ltd. stock, see the HK:3363 Stock Forecast page.

More about Zhengye International Holdings Co., Ltd.

Zhengye International Holdings Company Limited, incorporated in Bermuda and listed in Hong Kong, operates through a group structure and is overseen by a board comprising executive, non-executive and independent non-executive directors, as well as a chief executive officer responsible for managing the company’s affairs. The company is subject to the disclosure and governance requirements of the Hong Kong Listing Rules, including detailed reporting of directors’ and senior executives’ remuneration.

Average Trading Volume: 76,727

Technical Sentiment Signal: Sell

Current Market Cap: HK$170M

Find detailed analytics on 3363 stock on TipRanks’ Stock Analysis page.

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